GST lends weight to 8% growth projection: S&P

NEW DELHI Calling goods and services tax (GST) as the most important structural reform till date by the Modi government, S&P Global Ratings on Tuesday said the passage

NEW DELHI Calling goods and services tax (GST) as the most important structural reform till date by the Modi government, S&P Global Ratings on Tuesday said the passage of the indirect tax law gives it additional conviction of India clocking 8% growth in the next few years. The rating agency had last month projected India to clock a “steroid-free” growth of 8% in coming years.

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